Charting the Bull's Next Move

Ralph Acampora and other technical analysts see bullish signals for large-cap stocks. Spotting "smile patterns" for Xerox and Verizon.

WANT TO KNOW WHAT the stock market looks like these days when viewed through the prism of a technical analyst's charts?

"The market is full of frustrated bears," says John Roque, senior technical analyst at Natexis Bleichroeder, a New York-based investment dealer. "But they're not going to get any satisfaction anytime soon, even if this market is equally full of dissatisfied bulls. No one is running around waving their...